DHT drives early deal on convertibles
VLCC owner exchanges two-thirds of notes due to mature next fall for 2021 vehicle, raises $41.6m in fresh cash.
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Finance
Mercuria becomes Aegean’s sole lender
Swiss commodities trader expects to add Mercuria’s David Gallagher to Aegean board, a month after announcement of possible partnership.
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Genco Receives Two Capesize Bulkers, Signs USD 180 Mn Credit Facility
Genco Shipping & Trading Limited takes delivery of two Capezise vessels and inks a five-year credit facility.
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DP World sees higher second-half profit
Dubai-based terminal operator sees higher bottom-line amid improved revenue as it eyes ‘uncertain’ market.
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Genco sees cost of finance fall after closing five-year loan
US-listed bulker owner says new funding will be tapped to support ships purchased this summer.
Genco sees cost of finance fall after closing five-year loan Read More »